Leaking power steering fluid

Recently bought 96 900s V6 and had car checked by regular mechanic. He advised power steering fluid leaking and filled rubber seal. He does not want to go near car. Is this a common problem and what is the most probable cause of the leak? What is required to fix the leak ie is the steering fluid lines accessable or is it a major problem?

The oil leak is getting worse. My mechanic said he would have to take the whole engine out and reseal it. About $ 2000.
He claims there is also a small coolant leak. That would be $1100. I do not want...

I can see power steering fluid all along the bottom of the car on the passenger side. I am not sure if the leak is coming from the coolant hose or the pressure hose. Where can I get instructions on ...